Saturday, 14 February 2009

CSPAN: House & Senate Pass Final Version of 2009 Stimulus Bill (Full Debate & Transcript of Bill)

There is no accounting for stupidity but the Democrats have just passed the final version of the latest US "stimulus" package. Just like the last one it will not work but will in fact make things worse in the future.

Nevertheless, it is an important bill and should be given at least a cursory glance by most of us. Americans and outsiders as well.

It will effect us all.

Here you will find both debates on Video and full text of the bill. Links are below the following video.

Read/Watch it and weep.



Senate debate on Stimulus Bill


House & Senate Pass Stimulus Bill

The House and Senate passed H.R. 1, the $787 billion economic stimulus bill. It now moves to the President, where he is expected to sign it early in the week.
Washington, DC



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c Political Animal 2009

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2 comments:

  1. Will the stimulus bill compromise lower your tax rebate to $8 per week? That appears to be true. The final version has not been passed, but reports indicate the $500 per year in reduced tax withholding has been reduced to $400 per individual and $800 per couple. That only comes to $8 per week for an individual and $16 for a couple. If they start the payments in June and make it retroactive to the beginning of the year, you will get $13 per week until next January. Then, your rebate would drop to the $8 per week level. Are you felling stimulated yet? In a stimulus bill of almost $1 trillion dollars, you would think President Obama would have more for the working class.

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  2. Redneck. The "stimulus" will hurt the working class the hardest for as you say their taxes will be higher.

    Proportionally speaking the middle wage earners, who earn the bulk of the wealth in most countries, will be once again milked to pay for those who don't or cant work and for those wealthy enough to get tax breaks.

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